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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. th
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a...
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Sep 28, 2012
09/12
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
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. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds with what he's saying on the campaign trail and privately, they're acknowledging what many have been saying, that governor romney had a good debate and the president is going to be under pressure to do better next time. the president tried to refrain the debate saying the mitt romney he saw last night had little resemblance to what the president said romney's policies are. governor romney himself, meanwhile s meeting with supporters in colorado. romney said the debate gave him a chance to frame the campaign for the country for what their choice would be. >> last night, i thought it was a great opportunity for the amer
. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds...
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Oct 1, 2012
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the same kinds of policies that we pursued over the last eight years is not going to bring down the deficit. and frankly senator mccain voted for 4-5 of president bush's budgets. >> senator obama, i am not president bush. if you wanted to run against president bush you should have run four years ago. chris: there's an example of a well-prepared -- we knew, i'm sure senator mccain knew that was coming. you notice how he did that automatically? this time around it's more dangerous, isn't it? for president obama to blame a guy four years ago. >> yeah, because people are going to say, what did you do lately? you've had four years to fix the economy and look at the economic malaise we're still in. look at the jobs reports. last month, adding 96,000 jobs. not even enough to keep pace with population growth. chris: we put the first debate to the matthews meter. 12 of our regulars, including john, kelly and howard is mitt romney more likely to break through wednesday night on style points or on substantive arguments? nine say substance. three say style. you voted with the majority. howard, -- >> we
the same kinds of policies that we pursued over the last eight years is not going to bring down the deficit. and frankly senator mccain voted for 4-5 of president bush's budgets. >> senator obama, i am not president bush. if you wanted to run against president bush you should have run four years ago. chris: there's an example of a well-prepared -- we knew, i'm sure senator mccain knew that was coming. you notice how he did that automatically? this time around it's more dangerous, isn't...
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fourth, a balanced plan to reduce our deficit by... four trillion dollars over the next decade, on top of the... trillion in spending we've already cut. i'd ask the wealthy to pay a little more. and as we end the war in afghanistan... let's apply half the savings to pay down our debt and... use the rest for some nation-building... right here at home. it's time for a new economic patriotism, rooted in the... belief that growing our economy begins with a strong... thriving middle class. read my plan. compare it to governor romney's, and decide for yourself. thanks for listening. i'm barack obama and i appro this message. >> there was a protest today in northwest washington over smart meters. they allow passengers to pay for a cab using a credit card and a back seat. >> opponents say they can start fires in violate privacy laws. >> in this country and world has grown around the technology revolution. studies show they are safe. we have a lot of academic papers we are happy to let anyone read. >> the upgrade program for cabs was put on hold last month. >> a frightening scene in bethesda as
fourth, a balanced plan to reduce our deficit by... four trillion dollars over the next decade, on top of the... trillion in spending we've already cut. i'd ask the wealthy to pay a little more. and as we end the war in afghanistan... let's apply half the savings to pay down our debt and... use the rest for some nation-building... right here at home. it's time for a new economic patriotism, rooted in the... belief that growing our economy begins with a strong... thriving middle class. read my...
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Sep 30, 2012
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we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look at what happened a couple weeks ago in chicago. you have a democratic mayor, rahm emanuel, who is facing a $300 million deficit in the city, who is looking at 80% of the children in the city not operating on grade level in reading or mathematics. where they had the shortest school day and school year of anywhere in the country, and he's finally, uplike many democratic politicians, said enough is enough. i'm not going to give you these raises without-- what the union wanted was lifetime job security and absolutely no accountability. so he said we can't-- we can't continue on that track. and i think for him
we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look...
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Sep 26, 2012
09/12
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message. captioned by the national captioning institute --www.ncicap.org-- >> apple products are extremely popular with consumers. >> right so law-enforcement officers are also noticing that they are also very popular with thieves. >> that is right. numbers out of new york city are so alarming that the d.c. police sent out a notice of it last night. more than 7000 apple products have been stolen so far this year more than last year. this man has a sort of gadgets that -- has the sort of gadgets that thieves like. >> they are very valuable. they retain their value. the resale value is high. they are commodities. >> sales are up this year. police have yet to see a similar spike, here, but there was recently a notice sent out to some students morning of theft. >> th
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message. captioned by the national captioning institute --www.ncicap.org-- >> apple products are extremely popular with consumers. >> right so law-enforcement officers are...
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. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007. >> good luck to you today. >> reporter: and while they have both reached the pinnacle of party politics, they are so different. their talents and their paths to power and their debate styles. so much at stake on that stage tonight. this showdown comes at what might be the critical moment in this campaign. a hinge of political history. polls show the race tightening, just 34 days left in this campaign. and you can already sense in the crowds the special energy of the home stretch. but tonight, surprisingly, and in contrast to the daily scrap on the tra
. >> we still have trillion dollar deficits. the cbo says we'll have a trillion dollar deficit each of the next four years. >> reporter: these two men, they are virtually strangers to each other personally. they've only met in person three times before tonight. most recently, in passing, on a debate stage in new hampshire way back in 2008, when republicans followed democrats in debate three days before the primaries. and there was this brief encounter on the campaign trail in 2007....
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been bu
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one...
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Sep 29, 2012
09/12
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more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confidence. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretary. two very different problems. one, you don't want to get complacent
more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this...
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i want to turn to the deficit. mitt romney claims with these tax cuts, he will not add to the deficit. >> my number one principle is, no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. part one. so there is no economists can say mitt romney's tax plan adds $5 trillion. my plan is not to put in place any tax cut that will add to the deficit. >> look at the facts here again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says its by reducing deductions and closing loopholes, but hasn't said which or how many. so the verdict here is simply in complete. we just don't know, wolf. >> he also suggests repeatedly, john, that by improving the economy, there would be a dynamic scoring as they call it more revenue coming in, because more money would be coming into the taxes, businesses and individuals could be doing better. as a result, he's justifying the trillion dollar tax cut if you will. >> hence the grade incomplete. >> he hasn't offered a lot o
i want to turn to the deficit. mitt romney claims with these tax cuts, he will not add to the deficit. >> my number one principle is, no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. part one. so there is no economists can say mitt romney's tax plan adds $5 trillion. my plan is not to put in place any tax cut that will add to the deficit. >> look at the facts here again. mitt romney has not laid out specifics for how he would pay for his...
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it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the an rlin brand. e re par >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, ciming he will protect social security and medicare. but this is not the same mourdock who defeetedichard lugar in the primary. are richard lugar and others paying their price for the extremism? >> i would add to what sam said, part of the afrmath of 47%-gate. it's tough to make the argument u're best on the economy when you think you shoul only be infor h t pe onhe economy, right? that's how the comments were percei perceived. to your question, ed, i want to add, this is not just having a trickledown effect to other senate races. the only shot we have at electing a new womanovernors tu - >> i tiet-wide, no question. >> who shouldn't be in a neck and neck race, but is, because of what's going
it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the an rlin brand. e re par >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, ciming he will protect social security and medicare. but this is not the same mourdock who defeetedichard lugar in the...
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hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and here's the ideas. is a debate the place to do it? >> i don't know. he's got to be himself. there is self to him. i met him when i was in harvard. i picked the locks there, but the taught there, and i enjoyed him. he can govern. he governedded massachusetts, a state was ungovernable with a democratic legislature. he'll go back to that if he gets in and begin to do it. i hope he comes across without looking like the handlers were at him out all. neil: what do you think of how he's run the campaign? >> handlers got to him. when you run, and you got a staff like that, and they say don't do this, and, of
hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and...
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no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los últimos 4 años. son extraordinarias 20 millas de personas que dejaron de buscar trabajo en este país. cuando el presidente asumió el cargo teníamos 20 millones td personas que recibían cupones de alimentos, 47 millones de personas que los reciben hoy. el crecimiento económico es más lento que el año anterior, statu quo no funcionara para el pueblo americano que lucha hoy. >>> estamos hablando de la economía y esto es teóricamente, todavía estamos en el segmento sobre la economía y específicamente sobre qué hacer en cuanto al déficit federal la deuda federal. y la pregunta y cada u
no quiero aumentar el déficit. te puedes referir a ese aumento de déficit pero no es mi plan. miremos la historia, mi plan no se parece a nada que se haya intentado antes. quiero reducir los tiempo impositivos, pero también, reducir las excenciones y créditos al mismo tiempo. se mantienen los ingresos, pero conseguimos que más gente trabaje. mi prioridad que más gente vaya a trabajar en estados unidos. ellos sufren en este país. hablamos de las pruebas, miremos las pruebas de los...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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>> do we want four more years of trillion-dollar deficits? >> no. >> so, ben, mitt romney has raised $6 million to president obama's $2.8 million. the super pacs as i know you're aware has fire power to release. when that happens in conjunction with the debates, do you fear an even tighter race here? >> well, mitt romney has to pre sent a plan. that's what these advertisements won't be able to do. the burden is on him to explain why returning to the same economic policies that caused the crisis in the first place, more tax cuts for millionaires and billionaires, stripping it over wall street will somehow unleash job creation when it hasn't in the past. ultimately they here not building on the ground. we've been on the ground for the past four years. our organizers and supporters talking to their neighbors and communities. they may be able to build a 72-hour turnkey operation but they won't have the same roots in the community that we've been building over the past four years. that will be stronger than any negative advertisement on the air fo
>> do we want four more years of trillion-dollar deficits? >> no. >> so, ben, mitt romney has raised $6 million to president obama's $2.8 million. the super pacs as i know you're aware has fire power to release. when that happens in conjunction with the debates, do you fear an even tighter race here? >> well, mitt romney has to pre sent a plan. that's what these advertisements won't be able to do. the burden is on him to explain why returning to the same economic...
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that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the passion of the ticket? >>guest: i do so many tv interviews, i have done over 100. i am doing them regional, and i'm talking to richmond, dayton, to wisconsin tv, colorado springs, yesterday, and ft. collins. >>neil: are you troubled by the wisconsin poll, and they are just polls, but for -- this is a snapshot of the moment -- but trailing further. >>guest: i don't believe the validity of that poll. here the deal, we are going to give the country a choice. the country deserves to have a choice. the choice we are offering is, do you want the traditional american idea of limited g
that tax increase only pays for 8 percent of the proposed deficit spending. that's not a ticket to recovery. >>neil: you have made the argument clearly, the rap against the guys at the top of your ticket, he is not, he is very smart, he knows what he is doing, et cetera, but he lacks the passion, and i am sure you heard the stories that a number of g.o.p. money guys and operatessives have said, get ryan out there, get him going. is that true in is this part of an effort to showcase the...
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division title since the arrival in d.c. scott smith was there to celebrate history. scott, it was so exciting last night. >> it was. i would say worthy celebration given the 79-year drought this post season drought, we should say, that the city's been through and sweet for a handful of guys who were here like john lennon and ryan zimmerman and not to mention it came against the phils, the reigning champs. despite winning, the team lost. the bubbly flowing and ended the celebration on the field. thousands of fans stuck around to bask in the moment. the longest tenure and ryan zimmerman is enjoying it more than most and
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. . >>> you know the old saying, they said waiting is the hardest part. last night, the wait came to an end as the nationals clench their first division...
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the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he is, no one is going to vote for him. >> meghan, she's like a straight shooter. >> i'm at my breaking point with this. and i like governor romney. >> we don't have to agree on everything but at least you're candid. meghan mccain and richard wolffe, thank you for your time tonight. as i've said before, this election is not about obama. it's about your mama. new polls show that the public thinks the big issue at stake on this election day, including medicare, social security, and our safety net. but, first, the right double stan
the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he...
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about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas a
about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18...
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when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative political action conference. his big night seems to be paying off. his press secretary -- much of that money is going to be spent right here in virginia. we are looking forward to the debate, it is a week from tonight. people expect plenty of fireworks. battleground virginia is getting a lot of attention. it starts tonight with mitt romney and paul ryan. mitt romney will hold a rally tomorrow. the president will be in vienna, va. tomorrow. monday, governor romney is back with a speech in lexington, virginia. our coverage of the day after nhe debate continues o wjla.com. we have local reaction. what you thought as the deb
when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative...
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mitt romney also talked about the deficit last night. and he claims that even with his tax cut, he will not add to the defici deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist that can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the deficit. >> the problem in both of these claims is a lack of specifics. what the president is assuming, the reason we said false on his claim, he basically is assuming if he just did a tax cut and nothing else, then it would include this giant amount of tax breaks for people out there. but that's what mr. romney is saying he won't do. he's saying he has all these specifics in terms of cutting deductions, finding ways of closing loopholes so that people would pay more and there wouldn't be this giant tax cut but he wouldn't say what that would be. this lack of
mitt romney also talked about the deficit last night. and he claims that even with his tax cut, he will not add to the defici deficit. >> my number one principle is there will be no tax cut that adds to the deficit. i won't put in place a tax cut that adds to the deficit. that's part one. so there's no economist that can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. my plan is not to put in place any tax cut that will add to the...
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to buy new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to p
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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to slash forty billion euros out of their deficit by next year as we've seen other nations that have taken the poison pill of austerity particularly greece these new spending cuts will only make the situation worse situation in spain is already so bad that the cataloging a region of spain called for an early election at the end of november which could be a vote for independence from spain altogether is the region runs into its own financial problems so where is all this leading to here for some answers is david marty activist member of the international organization for the participatory society in madrid chapter and co-author of the book fanfare for the future occupy strategy david welcome and thanks for joining us from madrid thanks for staying up late to talk with us throughout thank you for having me much appreciate it we've seen pretty violent protests in the streets of spain over the last few days how unstable is the country what reaction is there to and is it all a reaction in this new budget. if you tried to. see violence isn't instability miles would just only took place bet
to slash forty billion euros out of their deficit by next year as we've seen other nations that have taken the poison pill of austerity particularly greece these new spending cuts will only make the situation worse situation in spain is already so bad that the cataloging a region of spain called for an early election at the end of november which could be a vote for independence from spain altogether is the region runs into its own financial problems so where is all this leading to here for some...
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we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with china on auto parts. today it's $10 billion. that's why the president at the urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american manufacturing, standing up for american workers against china. we have a new steel mill. we're seeing jobs actually come to this country or stay in this country because we're standing up and enforcing trade rules. >> romney and the republicans keep talking about another tax cut for the job creators. don't we just see them increasing their profits by outsourcing this way? i mean, the model that romney wants to lay on the country, how could it be good for workers in ohio? >> well, it's not. we tried these tax cuts for the rich. hoping it trickles down to the middl
we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with china on auto parts. today it's $10 billion. that's why the president at the urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american...
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in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's coverage. i'm larry kudlow. thanks for watching. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for every
in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's...
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problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at
problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached...
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it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...
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cutting the deficit. romney ended with the divisiveness, saying he would on day one be able to be collaborative, bring the two sides together. and, of course, in his closing statements, was very specific in term of where he is going to allocate capital and where he would not. and he mentioned the military, insuring that keeping america safe is one of the priorities. and that means not cutting military spending. >> i want to get thoughts on the debate from our john harwood who is on the ground in denver. what is your first reaction? >> my first reaction is that it was a strong debate for mitt romney. it's always hard for me to judge what millions of americans sitting in their living rooms are going to conclude about the debate. neither candidate had a huge stumble. i thought mitt romney had an especially strong moment when he confronted the president on cutting the deficit and challenged him directly. the bottom line i take from talking to people who work in politics and campaigns is the republicans are an
cutting the deficit. romney ended with the divisiveness, saying he would on day one be able to be collaborative, bring the two sides together. and, of course, in his closing statements, was very specific in term of where he is going to allocate capital and where he would not. and he mentioned the military, insuring that keeping america safe is one of the priorities. and that means not cutting military spending. >> i want to get thoughts on the debate from our john harwood who is on the...
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not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology. we believe in the power of people when technology works for you. to dream. to create. to work. if you're going to do something. make it matter. >>> quick change there. george will is off today. but we're joined by donna brazile on the roundtable. matthew dowd. maggie haberman of politico. two former party chairman. former vermont governor, howard dean for the democrats. and former governor haley barbour for the republicans. matthew dowd, let me begin with you, and setting the stage where the race is right now, we see president obama ahead by about five points nationally, right now, ahead in all of the battlegrou
not just from a foreign policy standpoint, one of the reasons that we have huge deficits is that we have these unpaid wars. the voters also view these foreign issues through a prism of the economy. >> david plouffe, thank you very much. >>> we'll be right back with our powerhouse roundtable in just 60 seconds. it's something you're born with. and inspires the things you choose to do. you do what you do... because it matters. at hp we don't just believe in the power of technology....
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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> we are celebrating international socky week. to celebrate this restaurant located in baltimore has sensitive any with an array of beverages so that we can get into it. i too, like it. what are you going to prepare today? >> what i'm going to do is find a couple that would be perfect for you. that's sort of what our restaurant is tailored to. we have 102 lists. >> i like sour martinis. >> knowing you like apple martinis and vodka and a little citrus, i would start with this. it's by a brewery -- [indiscernible] it's the second highest quality level for sockeye. you taste a little more alcohol on the second sip. >> i am in favor of everyone drinking. you're also a champagne lover. >> i love champagne. >> this is a very special socky, the sparkling, the hig
americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> we are celebrating international socky week. to celebrate this restaurant located in baltimore has sensitive any with an array of beverages so that we...
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you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise tack on people. you said it back in 2010 where you said, look, i'm going to extend the tax policies that we have. i'm not going to raise tacks on anyone because when the economy is growing slee sloe like this, when are you in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. so if you believe the same thing, you just don't want to raise taxes on people, and the reality is it's not just wealthy people. you mentioned donald trump. it's not just donald t
you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise...